Economic and Fiscal Update slide image

Economic and Fiscal Update

Solid Economic Growth Despite Exogenous Shocks Gabon has outperformed regional peers despite exogenous shocks. Growth is projected at 4.8% in 2015 in the Revised Budget Law 2015 Continued Positive Real GDP Growth (% p.a.) 7.1% 5.0% 4.4% 2011 Low Inflation (yearly average, %) Gabon Ghana - Gabon Sub-saharan Africa 5.6% 5.6% 5.3% 5.2% 4.2% 2012 2013e -2.6% CEMAC 5.0% 4.8% 4.3% 4.0% 4.5% 2.8% 2014e GNI per capita, Atlas method (2013, current US$) Nigeria South Africa -CEMAC 14,320 15.5% 10,650 12.2% 11.7% 10.8% 7.7% 8.5% 8.1% 7.1% 4.6% 5.7% 5.8% 6.1% 4.0% 4.5% 5.0% 2.3% 4.7% 2.7% 1.3% 0.5% 2011 2012 2013 2014 2015f 5,170 2,710 1,810 1,770 1,160 1,050 Equatorial Gabon Angola Nigeria Zambia Ghana Kenya Senegal Guinea Sources: World Bank databank 2013 figures Sources: IMF's WEO database April 2015 except Ministry of Economy, Promotion of Investments and Prospective for Gabon. Please note there may be slight differences in methodologies used 6
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